Publications, Conferences and Events
In an increasing effort to combat misleading environmental claims and promote transparency, the European Parliament has recently passed significant legislation. This new law aims to establish stricter standards for environmental advertising and product sustainability.
Mapping your supplier eco-system is a must : American and French companies dealing with DIY products suspected of using forced labor
A new example of alleged use of forced labor reminds of the importance of implementing ethical procurement methods. AI could come to the rescue of procurement departments striving for transparency in their supplier eco-system.
Ex-Best Procurement Practice : the Low Cost Country (LCC) sourcing. How to give back to the supplier ecosystem by implementing the Regenerative Procurement methodology
This is the first article of a serie dedicated to “Best Procurement Practices” I have announced in my previous article entitled “Regenerative Procurement is the new Procurement”. In this article I am going to discuss the Low Cost Country sourcing method.
The Regenerative Procurement objective is to propose an alternative approach to the application of an ESG “layer” on methods that have led to yesterday’s economic successes, but also to today’s environmental and societal disasters
Regenerative Economy : a call to action signed by a collective of 150 in Le Monde dated August 2, 2023
A collective of over 150 companies and associations, including ESSEC, Bouygues and Schneider Electric, has published an opinion piece in the French newspaper "Le Monde" on August 2, 2023. I'm delighted by this call to action as the 5-step Regenerative Purchasing...
Nestlé recently took the surprising decision to no longer be carbon neutral. The company recognizes that carbon neutrality alone is not enough to solve the fundamental problem of carbon emissions. It will have to work with its suppliers to find sustainable solutions...
How can digitization help the procurement function to cope with the increasing complexity of a business that is subject to the multi-polarization of supplier markets in response to current geo-political trends ? Published on June 2023
"It used to be that, for decades, markets favored buyers due to continuous increases in production capacity. At that time, supply far outstripped demand, and negotiations involving several competing suppliers systematically resulted in lower prices. Then came price...
Allegory of the destruction of a societal and environmental ecosystem: the dramatic story of the island of Haiti. Published June 2023
The story of the island of Haiti is a compendium of the worst that can undoubtedly be inflicted in terms of societal and environmental over-exploitation. It's easy to compare what was imposed on this territory just a little smaller than Belgium for 500 years with the...
“Value creation through collaboration: the challenge of silo management and silo objectives”: employees do not do what is expected (working collaboratively), but what is evaluated (the results of their objectives). Published on June 2023
It's hardly surprising, then, that silo management persists, despite costly transformation projects.Silo management, also known as "silo management", is a widespread traditional approach. This management method divides the company's various functions and departments...
For decades now, procurement departments have been focused on mainly delivering price reductions. When only price counts, it’s the planet that “takes the hit”, as I expressed in my January 30 article published in the French newspaper L’Opinion.
“To achieve our ambitious scope 3 objectives in terms of both carbon emissions and impact on water and biodiversity, the mobilization of suppliers is essential,” says the Director of Environmental Development.
Ex-Best Procurement Practices : these are the reasons why issuing invitations to tender worsens companies’ societal and environmental impact
This is the second article of a serie dedicated to “Best Procurement Practices” I have announced in a series entitled “Generative Procurement is the new Procurement”. In this article I am discussing the tendering process
Economic Sovereignty: a unique opportunity for supplier innovation ? Article published in Les Echos, August 3, 2020
History shows us that withdrawal impoverishes countries and spirits. At the 1849 Peace Congress, Victor Hugo uttered this divinatory phrase:
“The day will come when there will be no battlefields other than markets opening to trade and minds opening to ideas…”. Relocating production is not only illusory, it’s also dangerous. Only innovation will enable to reseed industrial ecosystem, and the environmental conversion that is finally taking place is an opportunity not to be missed.
The concept of Regenerative Procurement comes from the Latin regeneratio, “return to life”. It’s a holistic approach aimed at restoring the business environment, creating a wider ecosystem through committed and sincere partnership approaches. Published on June 2023
The approach applies equally to purchasing and sales departments, who feel that the time has come to embark on a regenerative approach to business relationships.I had the opportunity to explain the concept of regenerative procurement in a previous article. The...
How companies can use the individual goal-setting process to improve their environmental and societal impact and avoid green and rainbow washing lawsuits. Published on June 2023
Goal-setting is an essential practice for companies, enabling them to go beyond their financial objectives towards the realization of their vision. Objectives provide clear direction and define what is expected of employees. By setting specific, measurable targets, a...
Procurement departments on the front line as world class car manufacturers are accused by NGOs of using forced labor. Published on July 2023
The lawsuit brought by an NGO against Mercedes, BMW and Audi illustrates the need for a revised approach to the relationships that companies maintain with their suppliers through their procurement functions. In this respect, I advocate the development of the...
While the CSRD is being implemented, the practice of regenerative procurement allows companies to improve their financial and non-financial results. Imagining new virtuous approaches that go beyond the deleterious practices of excessive competition should contribute to regenerating, day after day, the ecosystem of companies, and therefore the environment and society.
As the Covid-19 pandemic continues to weigh on world trade, the inversion of the balance of power between companies and their suppliers, which is responsible for the rise in costs, could become sustainable. Article published in Le Monde on November 5, 2021
Could we have foreseen that the Covid crisis, which had already damaged value chains in the winter of 2020, would continue to severely disrupt the entire global industry? Companies built their 2021 budgets on the assumption that the crisis would only last a few months, until everything was back to normal and everyone was back to their old lives
Covid 19, one year later : “The environmental and societal crisis obliges companies to privilege investment in tailor-made solutions”. Published in Le Monde on March 5, 2021
While the prospects for a resumption of growth in 2021 remain hypothetical due to the resurgence of contagiousness of the virus and the uncertainties of the vaccine strategy, companies have no choice but to submit to the hard law of uncertainty by developing flexibility and reactivity
We will need a drastic change in the way we source our suppliers. Published in Le Monde, March 11, 2020
Decades of buying strategies driven by the only objective of reducing costs have rendered companies vulnerable to all kinds of pandemics such as the one of Covid-19.
Procurement departments face the need for « moral renewal”. The support of top management will remain decisive, which raises the question of the place of procurement in the executive committees. Published on May 2023
In the early 2000s, the American gas company Enron inflated its profits and concealed its losses in order to increase its value on the stock market, precipitating its bankruptcy, leaving 20,000 employees out of work and destroying millions of dollars in pension funds....
The Procurement Department at the forefront of sustainable development initiatives. Published on May 2023
Procurement departments are responsible for orchestrating collaboration with suppliers to optimize their environmental impact. One piece of information has received very little coverage. Over and above all the extra-financial reports issued by companies on the impact...
It's surprising that established, respected companies should find themselves under the media spotlight and the opprobrium of public opinion for actions or practices that touch on the hypersensitive issues of the moment: forced child labor, discrimination,...
Events and Conferences
March 2024 Ecole Centrale, Casablanca track “Procurement & Innovation strategy”
March 11-12, 2024 EuroPack Summit in Montreux “Regenerative Procurement: Contributing to Corporate Resilience by Hybridising the Procurement Eco-System around Value Creation and ESG”
January-March 2024 Essec Business School Grande Ecole “Regenerative Procurement”
December 7, 2023 Sustainable Procurement Pledge (SPP) UK Chapter “Articulating the Value of Sustainable Procurement : how to change the narrative with Finance
October-December 2023 Essec Business School Master of Procurement “Regenerative Procurement”
October 2, 2023 Luxepack in Monaco “Overcoming the unexpected, shaping the future : embedding ESG into Procurement”
September 6, 2023 Procurement Insiders “Embedding ESG into Procurement Operating Model”
The opinions expressed are strictly personal